Out of curiosity - are RFID identity thefts actually a problem? Is this a thing that's actually happening in the wild?

No. At least not this way, IMO. You should still be choosing your wallets based on leather quality and if you prefer bi-fold or tri-fold, lol

Even if a thief were to invest in a high-powered RFID reader, there’s not much they can do with the data without your CIC or pin codes. People should be far more worried about ATM or merchant reader skimming, especially at 3rd party ATM’s.

Out of curiosity - are RFID identity thefts actually a problem? Is this a thing that's actually happening in the wild?

It's an overstated problem. Recently was going to buy an RFID wallet and then realized it wasn't that necessary.

If you look at the number of credit cards with RFID, you can’t even represent it statistically. It’s not 0 percent, but it’s so far below 1 percent that it might as well be 0 percent. Part of the problem is that every major credit card vendor came out with its own version, so vendors and merchants had to physically support the same standards. Most people don’t want to have to figure out which vendors support which wireless cards and go get that specific card type.... If you actually have an RFID-enabled credit card, it turns out aluminum foil does the same job, if not better, than an expensive RFID-blocking sleeve. I know I’m going to get email from RFID-blocking vendors saying their products protect better than aluminum foil. No doubt that's true in some cases. (http://www.infoworld.com/article/302342 ... allet.html)

According to Randy Vanderhoof, the executive director of the Smart Card Alliance, says, "We've got six years of history, a hundred million users of these cards, and we haven't seen any documented cases of this kind of fraudulent transaction. The reason we think that's the case is that it's very difficult to monetize this as a criminal." (Quora)

Out of curiosity - are RFID identity thefts actually a problem? Is this a thing that's actually happening in the wild?

Let's put it this way. Instead of getting this wallet, one could just get any wallet and a $1, 25' roll of Alcan. Use that to line the wallet, have lots left over for making hats! It's hilarious that companies can get away with selling these things for $50+, based on FUD.